FYI: CFG also operates in Atlanta / Georgia.

CheevesFinancial, let us know how it goes with your fake security camera to see if it wins the psychological war against those thieves and see if your AC stays intact and pass 2-4 yrs .

I've seen similar security cameras here and I tell you what you cannot tell the difference between a REAL one and a FAKE one…they make them like the real deal….unless someone will tell you they are fake, you wouldn't know hence you think twice before doing silly things  while in the presence of the security camera….makes sense to me. Will…[Read more]

CheevesFinancial wrote:
I      My security cams have been there 8 months and not a single problem.  Tenants actually think its hilarious but at the same time honestly does think it is security, albeit, a fake one.

AWESOME….I'll get my guys to get one of those fake security camera, Psychological war with thiefs may actually work?

It would be a challenge to know the exact amount on how much you've added to the value of your property before you  reno the property …usually you do this after the reno is done.                 But, having said that, if you know the valuer of your financier, use them and tell them how much you will be spending and which room you will be upgr…[Read more]

I thought Donald Trump rank inside the 10 top among the wealthiest of Americans…..his fortune is only .058 per cent of Gate's wealth….funny you often hear more from Trump. I guess Gate is a quiet achiever. Gate has planned to give 90% of his wealth to charities….reminds of me Carnegie.

worldinvestor wrote:
I am keen to find out if you are sourcing your own properties in Atlanta, buying turn key or getting them rehabbed.Cheers, WI

I have a feeling that you're going to ask me about this. I used a buyer's agent here…they gave me access to their foot workers on the ground of Atlanta (e.g., Realtor, Building Inspector, Pest…[Read more]

That is a good point, WI.It is common in Atlanta for the CAC to be stolen. The property that I'm about to settle, its CAC was also stolen.I'm interested to hear the post of others about this also.

jayhinrichs wrote:
property management is a necessary evil.If you do not like what they charge, try it ala CarteI do that with my high end rentals I let the rental company advertise Screen then place tenant then I take it from there. I handle collections and maintenance. And pay the co. the placement fee and nothing else.JLH

That's very…[Read more]

Alex SC wrote:
if we can apply one technique we learn and it adds to our bottom line ( Great ) but you are correct this is not rocket science but simple rules must apply……..

. The rules, what I called the fundamental………..learn the fundamental first….fundamentals are old and in the books.ideas are in the books….people who've gone…[Read more]

I like your sense of homour Alex…you're writing is fineAs said before, "knowledged uninvested in activity is wasted". If you don't apply what you've learned, what's the point of learning it.12 months ago, I spent a lot of time reading real estate investment books…spent about close to $1K…. The fundamental of real estate investment in the US…[Read more]

I totally agree, experience is priceless. Jim Rohn used to say  " Knowledge uninvested in activity is wasted". In the word, you can read all the IP books you want BUT, if you don't apply what you've learned, it will be wasted. He also used to say " Be a good student NOT follower". Which means, soak up everything, filter the important bits and add…[Read more]

Well, i guess you have to take both side of the story (i.e, the negative side and the positive side then make up your own mind….this way it makes you a well informed real estate investor.)

Thanks Emma…interesting about the dual role (i.e., property inspector / pest control inspector)…i know pest control inspector could come quite expensive. If you don't mine asking who did you used before who is qualified with dual role? I did my DD while under contract…for me 7 days to do my property / pest control inspection…thus far both…[Read more]

Guys, the property that was posted here looks pretty good. I know being a warm climate in Georgia, when you did your DD (due dilligence), some of the properties you've encountered in the past might have some issue with termites for instance?  Did you proceed closing the sales even if you have some tiny issue with the property. I heard that…[Read more]

Interesting insight. Are you practising those ideas yourself ? Just curious that's all. Thanks for the link

Hi,Who's company that manages your property? You can send me a private email if you preferred to question discretely.Management fee i okTenant sign on: ok [ others will take the whole month rental income]Renewal fee: Recover of late payment: seems excessive and not necessary.

Since i'm buying my third property in GA, near Atlanta, my educated guess of the final cost would be between 42K to 45K. 30K is what the Bank sold the property for but the reno cost, closing etc would push the total cost past 40K easily…but that's just my perogative but unless the figures are disclosed, we can only speculate based from…[Read more]

Here are my view points:If you get sued personally, your personal asset will be a risk being taken away from you including your investment property including your house if ALL registered under your name. That is why it is advisable to separate your business transaction with personal transaction. In contrast,if someone sue you personally, and if…[Read more]

jayhinrichsThat's what the property managers there, for  the stuff that you don't want to do, they do for a fee.My advise is you can have all the things you want in the world IF you help others achieve want they want, only  if you decide.